SINGAPORE--(BUSINESS WIRE)--QuEST Global, a world leader in diversified engineering solutions has announced the acquisition of EDF GmbH. This is a significant move for QuEST Global in its diversification strategy for 2020 and will:
- Strengthen the engineering service offering to QuEST’s customers in terms of automotive engineering services and domain knowledge.
- Enhance QuEST’s capabilities in transportation, and add on to QuEST’s existing automotive portfolio.
- Help QuEST gain a stronger presence in its core target markets of Western Europe, specifically in Germany.
Founded in 1989 and headquartered in Munich, Germany, EDF GmbH is a premier automotive engineering services and prototyping company servicing Fortune 500 clients such as BMW, Volkswagen and Daimler. With more than 320 employees, EDF GmbH offers an integrated range of services including Development & Design, Electronics, Electrics & Software, Prototyping & Small-batch Parts Production, Project Management & Material Control, and System Integration.
EDF Managing Director, Gerhard Hauk, says, “I am delighted with the acquisition of EDF by QuEST Global. The union of our companies brings great opportunities for our customers and employees. Throughout the sale process, we were looking for a partner who has a proven track record, excellent market reputation, and engineering focus. QuEST was the best fit by far. Our expertise in the automotive domain complements QuEST’s capability. Together QuEST and EDF have significant growth opportunities and I look forward to being part of the journey.”
Commenting on the acquisition CEO Ajit Prabhu, QuEST Global, said, “To emerge as the most trusted and long term engineering solutions providers for our customers, we are constantly on the lookout for assets with outstanding engineering capability. EDF has an excellent reputation and experienced engineering talent in the automotive vertical. By combining our talented engineering teams, we will be able to emerge as a top preferred engineering partner for our customers.”
About QuEST Global
A global, trusted, strategic and long term partner for Fortune 500 companies in Aerospace & Defence, Transportation, Energy, Healthcare, QuEST Global offers transformative engineering solutions across the complete product lifecycle. Through its local-global model, QuEST provides maximum value engineering locally and high quality deliveries at optimal cost from global locations. More than 7,000 passionate engineers in 40 locations across nine countries make a positive impact to the business of its customers.